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Next Century Ventures operates as a corporate venture capital arm dedicated to identifying and fostering advancements within the evolving mobility sector. The firm invests in companies developing technologies across three core areas: eco-friendly vehicles, autonomous driving systems, and Mobility as a Service (MaaS) platforms. By focusing on these distinct yet interconnected segments, Next Century Ventures supports the development of solutions that challenge existing paradigms and drive innovation in transportation.
Established in March 2021 as a strategic initiative of NEXEN TIRE, Next Century Ventures was conceived from the recognition of rapid technological shifts and emerging opportunities within the global mobility landscape. The firm launched in Silicon Valley with the insight that proactive investment in disruptive technologies is essential to shaping the future of movement. Key individuals involved in leading the investment and engineering efforts include Soo Hyun Park, Young Lee, and Arnold Kim.
The firm's focus extends to a portfolio of startups whose products aim to redefine how people and goods move. Next Century Ventures envisions itself as a pivotal force in shaping the next century of mobility by discovering, nurturing, and promoting new technologies. Their long-term mission is to propel a better future through strategic investments that lead to significant technological evolution and disruption in transportation.
Next Century Ventures has 1 tracked investment across 1 company. The latest tracked deal is $110.0M Series C in May Mobility in July 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2022 | May Mobility | $110.0M Series C | Mirai Creation Fund II | Abstract Ventures, Felicis Ventures, Forerunner Ventures, Maniv Mobility, Scribble Ventures, Seven Seven SIX, Thrive Capital, Toyota Ventures, TWO Sigma Ventures, Uncork Capital, Austin Ogilvie, Chris Bennett, Dylan Field, Jacob Kerzner, Justin Mateen, Prescott Watson, 10X Group, Brian Goldstine, Karma Ventures, LG Technology Ventures, Saic Capital, Softbank, Michael Remmes, Tokio Marine, Toyota Tsusho, Wanxiang |